News Column

Hotel and golf resort up for sale

June 19, 2014

THE Fairmont St Andrews has been put up for sale with a price tag of around pound(s)37 million. The hotel and golf resort, which has 209 rooms and a spa and health club, is being marketed by CBRE who said there was also planning permission for a number of holiday homes on the site. It comes after the hotels' operators reported a pre-tax loss of pound(s)12.83 million for 2012.

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Source: Herald, The (Scotland)

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